$252,000
SOLD DEC 9, 2020

245 Lafayette St Unit 3C Salem, MA 01970

South Salem Neighborhood
1 Bed
1 Bath
668 Sq Ft
0.55 Acres

Recently Sold

$377 Per Sq Ft

1% Above List Price

5 Days on Market

Highlights

  • Wood Flooring
  • Laundry Facilities
  • High Speed Internet

About This Home

As of March 2023

NEW - Desirable Top Floor 1 Bedroom Unit with Open Floor Plan, hardwood floors, updated kitchen w/stainless appliances & conveniently located in the heart of vibrant Salem. The building is professionally managed, equipped with elevators, pet friendly, provides extra storage, and this unit comes with TWO DEEDED PARKING SPOTS. All this and easy access to Boston, trains, shopping, schools, restaurants, and beaches. Whether your'e an investor or future home owner, this one checks all the boxes. Private showings by appointment only. Notice required.

Last Agent to Sell the Property

Joyce Sullivan

Keller Williams Realty Evolution Listed on: 10/21/2020

Keller Williams Realty Evolution

Last Buyer's Agent

Leonette Strout

Keller Williams Realty Evolution

Keller Williams Realty Evolution

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,275

Year Built

  • Built in 1971

Lot Details

  • Year Round Access

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Tile

Schools

  • SHS High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Baseboard Heater
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,275

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Mid-Rise
  • Other Agent: 1.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 374.10
  • Comp Based On: Net Sale Price
  • Year Built: 1971
  • Lead Paint: Unknown
  • Year Round: Yes
  • Unit Building: 3C
  • Unit Level: 3
  • Unit Placement: Top/Penthouse
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1971

Interior Features

  • Flooring: Tile, Wall to Wall Carpet, Laminate, Hardwood
  • Interior Amenities: Cable Available, Internet Available - Broadband
  • Appliances: Range, Dishwasher, Microwave, Refrigerator
  • No Bedrooms: 1
  • Master Bedroom: On Level: Third Floor, Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet
  • Full Bathrooms: 1
  • Bathroom 1: On Level: Third Floor, Bathroom - Full
  • No Rooms: 4
  • Kitchen: On Level: Third Floor, Flooring - Laminate, Remodeled, Peninsula, Lighting - Pendant
  • Laundry Features: Common, In Building
  • Living Room: On Level: Third Floor, Ceiling Fan(s), Closet, Flooring - Hardwood, Balcony / Deck, Balcony - Exterior, Exterior Access, Open Floor Plan, Remodeled, Slider
  • No Living Levels: 1
  • Main Lo: C95236
  • Main So: C95098
  • Estimated Sq Ft: 668.00

Exterior Features

  • Construction: Stone/Concrete
  • Exterior: Brick, Stone, Stucco
  • Exterior Unit Features: Balcony

Garage/Parking

  • Parking Feature: Off-Street, Deeded
  • Parking Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Cooling: Wall AC
  • Cooling Zones: 1
  • Heating: Hot Water Baseboard, Gas
  • Heat Zones: 1
  • Hot Water: Natural Gas
  • Utility Connections: for Electric Range, for Electric Oven

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Medical Facility, Highway Access, Marina, Private School, Public School, T-Station, University
  • HOA Fees: 201.00
  • Association Fee Includes: Hot Water, Water, Sewer, Master Insurance, Security, Laundry Facilities, Elevator, Exterior Maintenance, Road Maintenance, Landscaping, Snow Removal
  • Condo Association: Yes
  • Association Security: Intercom
  • Management: Professional - Off Site

Association/Amenities

  • Condominium Name: The Continential

Schools

  • Middle School: Collins MS
  • High School: SHS

Lot Info

  • Assessments: 190500.00
  • Page: 397
  • Zoning: R3

Tax Info

  • Taxes: 2752.73
  • Assessor Parcel Number: 4421185
  • Tax Year: 2020

Multi Family

  • No Units: 24

MLS Schools

  • High School: SHS
  • Middle School: Collins MS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2020
Closed on
Dec 7, 2020
Sold by
Shiloh Ft
Bought by
White David and White Karen
Seller's Agent
Joyce Sullivan
Keller Williams Realty Evolution
Buyer's Agent
Leonette Strout
Keller Williams Realty Evolution
List Price
$249,900
Sold Price
$252,000
Premium/Discount to List
$2,100
0.84%
Current Estimated Value
$351,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,816
Avg. Annual Appreciation
6.82%
Original Mortgage
$189,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2018
Sold by
Shiloh Azriel
Bought by
Shiloh Ft 2018

Purchase Details

Listed on
Aug 3, 2017
Closed on
Sep 8, 2017
Sold by
Deforrest Sharon A
Bought by
Shiloh Azriel
Seller's Agent
Daniel Meegan
J. Barrett & Company
Buyer's Agent
Maggie Gibson
MerryFox Realty
List Price
$199,900
Sold Price
$210,000
Premium/Discount to List
$10,100
5.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.37%
Original Mortgage
$170,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2009
Sold by
Higby John P
Bought by
Deforrest Sharon A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,900
Interest Rate
5.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 2003
Sold by
Lafayette Llc
Bought by
Higby John P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,750
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Not Resolvable $252,000 None Available
Quit Claim Deed -- --
Not Resolvable $210,000 --
Deed $147,000 --
Deed $175,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $236,000 Purchase Money Mortgage
Closed $189,000 New Conventional
Previous Owner $170,000 New Conventional
Previous Owner $102,900 Purchase Money Mortgage
Previous Owner $148,000 No Value Available
Previous Owner $24,000 No Value Available
Previous Owner $169,750 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2023 03/22/23 Sold $295,000 -6.3% $442 / Sq Ft
02/20/2023 02/20/23 Pending -- -- --
02/14/2023 02/14/23 Price Changed $315,000 -3.1% $472 / Sq Ft
02/02/2023 02/02/23 For Sale $325,000 +29.0% $487 / Sq Ft
12/09/2020 12/09/20 Sold $252,000 +0.8% $377 / Sq Ft
10/26/2020 10/26/20 Pending -- -- --
10/21/2020 10/21/20 For Sale $249,900 +19.0% $374 / Sq Ft
09/01/2017 09/01/17 Sold $210,000 +5.1% $314 / Sq Ft
08/08/2017 08/08/17 Pending -- -- --
08/03/2017 08/03/17 For Sale $199,900 -- $299 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,275 $288,800 $0 $288,800
2024 $3,243 $279,100 $0 $279,100
2023 $3,158 $252,400 $0 $252,400
2022 $2,866 $216,300 $0 $216,300
2021 $2,738 $198,400 $0 $198,400
2020 $2,753 $190,500 $0 $190,500
2019 $2,650 $175,500 $0 $175,500
2018 $2,259 $146,900 $0 $146,900
2017 $2,166 $136,600 $0 $136,600
2016 $1,847 $117,900 $0 $117,900
2015 $1,859 $113,300 $0 $113,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72746696

MLS Property Information Network (MLS PIN)

APN: SALE-000033-000000-000464-000819-000819